Naviter Wealth LLC Increases Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Naviter Wealth LLC increased its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 4.1% in the fourth quarter, Holdings Channel reports. The firm owned 796 shares of the company’s stock after acquiring an additional 31 shares during the period. Naviter Wealth LLC’s holdings in Vanguard Growth ETF were worth $327,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in VUG. Decker Retirement Planning Inc. purchased a new position in Vanguard Growth ETF in the 4th quarter valued at about $28,000. Human Investing LLC purchased a new position in Vanguard Growth ETF in the 4th quarter valued at about $28,000. Cardinal Strategic Wealth Guidance purchased a new position in Vanguard Growth ETF in the 4th quarter valued at about $33,000. Providence First Trust Co purchased a new position in Vanguard Growth ETF in the 4th quarter valued at about $33,000. Finally, Global Trust Asset Management LLC boosted its position in Vanguard Growth ETF by 1,071.4% in the 4th quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock valued at $34,000 after buying an additional 75 shares during the last quarter.

Vanguard Growth ETF Price Performance

NYSEARCA:VUG opened at $388.71 on Friday. The firm has a 50-day moving average of $414.39 and a two-hundred day moving average of $401.23. The stock has a market cap of $377.35 billion, a P/E ratio of 37.80 and a beta of 1.12. Vanguard Growth ETF has a 1-year low of $321.29 and a 1-year high of $429.11.

About Vanguard Growth ETF

Vanguard Growth Index Fund, formerly Vanguard Growth ETF, is an exchange-traded share class of Vanguard Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Growth Index (the Index). The Index is a diversified index of growth stocks of large United States companies.